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Multiple GST registrations in a single Company data brings in a simpler GST Return-filing experience, as you can file GST Return for each GST registration separately using GST reports of a single Company data. It saves you from the trouble of maintaining different Company data for different GST registrations. This, in turn, saves a great deal of time, as you can work to prepare for GST Returns of each GST registration in a single Company data. 

With the facility of maintaining all your GST registrations in a single company, you can now:

• Create GST registrations in the Company with:
  • All the GST registration details such as State, Address Type, Registration Type, and GSTIN/UIN
  • Periodicity of Return filing
  • Place of Supply
  • e-Invoice and e-Way Bill applicability
  • Reconciliation configuration
  • LUT/Bond Details, as applicable
  • Other details related to GST registration
• Record transactions as per:
  • The GST rules applicable to a specific GST registration
  • Information provided for the GST Registrations, such as GSTIN/UIN and Address
• Create voucher series for each GST registration to avoid conflicting voucher numbers
• Open GST Return reports that are displayed at a greater speed for your immediate reference
• Export GST Returns for a specific GST registration or all registrations, as needed
• Use credentials of specific GST registration to log in for e-Invoice and e-Way Bill activities

Additionally, you can deactivate a specific GST registration in case of suspension or surrender. And you have the flexibility to reactivate the GST registration, whenever required. 

You can now update the GST Registration Details (such as GSTIN and Registration Type) and Mailing Details (such as Address, State, or Country) for a registration in the masters in such a way that there will be no impact on:

• The transactions recorded earlier.
• The Returns filed in the previous months.

What’s more, with the newly introduced facility to check the history of updates in GST Registration Details, you can now know:

• The nature of updates in GST Registration Details
• The date on which the updates were made

You can now:

• Set the source of GST Rate and HSN/SAC details under F11 Company features itself.
  Subsequently, when you create a voucher, the GST Rate and HSN/SAC details will be considered from the source set under F11 Company features.
• Choose to update GST Rate details in one master (such as Stock Group) and HSN/SAC details in another master (such as Stock Item).
• Override the GST and HSN/SAC details in any other master or during voucher creation.

For items or services with varying GST rates for slabs of different amounts, you can now specify slab rates not only in Stock Items but also in the Stock Group, Ledger, and Company, as needed.

Calculating tax in transactions has become all the easier, as TallyPrime considers GST rate and HSN/SAC details provided in the respective masters, while you can simply override the details during voucher creation, as needed. 

With TallyPrime Release 3.0, you can now:

• Record transactions for any of the GST registrations, when you maintain multiple GST Registrations in a single Company.
• Set the Nature of Transaction in the voucher instead of having to do so for each ledger.
• Override GST rates and HSN/SAC codes in transactions with great ease.
• Change the GST Status of a transaction to Reconciled, Unreconciled, Mismatched, or Excluded, as needed.
  You can also do so for multiple transactions in the GSTR-2A Reconciliation report.
• Move a voucher to a different Return period, simply by changing the Return Effective Date.
  You can also do so for multiple transactions in the GST Return reports such as GSTR-1, GSTR-3B, and GSTR-2A Reconciliation.
• Mark Return as Signed so that you can track any changes done after signing the Return.
  To know more, refer to the Sign GSTR-1 section in the View GST Details in GSTR-1 topic and Sign GSTR-3B section in the View GST Details in GSTR-3B topic. 
  
• Amend a voucher for a future Return period by providing the Return Effective Date.
  To know more, refer to the GST Amendments in TallyPrime topic.
• Make GST Adjustments by choosing from a wide range of options for Statutory Adjustments that cover a great deal of your business scenarios and practices.
  The options provided for Statutory Adjustments include Increase in Tax Liability, Increase in Input Tax Credit, Increase in Tax Liability & Input Tax Credit, and others.
• Copy the GST Registration details from a master to a transaction seamlessly.
  The GST Registration details include:
  • Company GST Registration details (non-editable)
  • Party GST Registration details
  • Tax Rate details
  • HSN/SAC details
  • The setting of Include in Assessable Value
• View the GST, e-Invoice, and e-Way Bill data of a voucher, exactly as it appears on the portal.

In case of multiple GST Registrations, you can set a default GST Registration for a specific Voucher Type.

For instance, if you record all Journal Vouchers for a specific office or location, then you can set the GST Registration of that location in the Voucher Type as the default one.

Subsequently, when you create the voucher, the default GST registration will be the one chosen in the Voucher Type, thereby saving time consumed in switching between the GST registrations.

or Voucher Types with Automatic or Multi-user Auto method of voucher numbering, TallyPrime retains the original voucher number in case of voucher insertion or deletion.

This ensures that the voucher numbers of transactions remain intact despite insertion or deletion.

However, you can choose to renumber vouchers at the time of voucher insertion or deletion, if you follow the practice in your business.

For Companies with multiple GST registrations, you can create voucher numbering series for each registration and Voucher Type, so that there is no conflict of same voucher numbers in your data and also in the Returns.

TallyPrime Release 3.0 enables much faster opening of GST Returns for your immediate reference. Moreover, filing GST Returns becomes all the simpler as GST reports such as GSTR-1 and GSTR-3B are enhanced, so that you can easily:

• View GST Returns for a specific GST registration or all GST registrations, as needed.
• Track all the activities pending for filing Return across all periods using the Track GST Return Activities report.
  To know more, refer to the Track GST Return Activities topic or watch the How to Use Track GST Return Activities Report in TallyPrime to Track Activities Related to Returns video.
• Resolve the uncertain transactions with greater ease.
• Accept transactions as is despite the mismatch in tax-related values, and find such transactions from within the respective report using the Transactions Accepted As Valid report.
  To know more, watch the How to Use Transactions Accepted as Valid Report in TallyPrime video.
• Set Return Effective Date for more than one transactions, if you want to move certain transactions to a different Return period.
• Amend a transaction from a signed Return with the New Return Effective Date, if needed.
  To know more, refer to the GST Amendments in TallyPrime topic.
• Identify transactions that were modified or deleted after exporting them. 
• View the Track GST Return Activities report to: 
  • Identify the pending activities such as resolution of uncertain transactions, export, and signing. 
  • Take actions to complete the activities so that you can file the returns timely. 
• View the report that gets updated with the relevant sections that appear based on the transactions recorded and actions to be performed.
• Identify the pending actions across periods, which will be highlighted in amber.
• View a preview report to review the Return information to be exported.
• Export GST Returns for a specific GST registration or all registrations, as needed.
  You can do so from Exchange under the top menu:
  • For all GST registrations or a specific GST registration, in case of multiple GST registrations.
  • With section-wise JSON files, as needed.
  • In the format of your choice – JSON, MS Excel, or CSV.
  • With GSTR-3B data in MS Excel.
    This is exactly identical to the Excel utility on the GST portal, which makes filing GSTR-3B all the easier.

The experience of reconciling your transactions in GSTR-1, GSTR-2A, and GSTR-2B with the transactions of your suppliers has become further simpler. This ensures that the information in your books matches that on the GST portal. Moreover, the facility to identify potential matches to unreconciled transactions in your books adds to the ease of the reconciliation process.

You can now:

• Import JSON files for GSTR-1, GSTR-2A, and GSTR-2B. 
• Reconcile transactions:
  • After importing the transactions downloaded from the GST portal.
    You can do so even if the transactions are from a different Return period by updating the Return Effective Date.
  • By specifying the threshold limit of mismatch.
  • By ignoring the prefix of zeros or special characters in the Document No. in GSTR-2A and GSTR-2B.
  • By configuring the prefix used by a party in Document No. or Invoice No. to be ignored for reconciliation in GSTR-2A and GSTR-2B.
• Manually mark the status of transactions as Reconciled or Mismatch, as needed.
• Consider the Supplier’s Invoice No. and Date as Document No. and Date for reconciliation in GSTR-2A and GSTR-2B.
• Identify the reason for the unavailability of Input Tax Credit in GSTR-2B.

What’s more, for transactions that are on the portal and not in the books or vice versa, TallyPrime helps you identify those with matching values but different Document Nos., party GSTIN/UINs, or sections of the Return. This further helps you to speedily reconcile the transactions.

Finding required information and data analysis has become all the faster, easier, and delightful with a versatile facility for applying filters that is:

• Easily discoverable
• Accessible in just one click
• Enhanced to cover the gamut of business scenarios

In a report, you can now:

• Search for the information across all the fields or a specific field in a transaction or master, as needed.
  You can search across an exhaustive range of fields available in transactions and masters such as:
  • GST details like, GSTIN/UIN, GST Rates, HSN/SAC.
  • Fields in supplementary details.
  • e-Way Bill and e-Invoice-related fields.
• Select from the following types of filters, based on the specificity and complexity of information required:
  • Basic Filter, which works like a quick search engine.
  • Multi-Filter, which enables you to add more than one search criteria to find the information.
  • Advanced Filter, which helps you add search criteria to find the information across masters and transactions both. 
• View Filter Details in just one click to know about the filter applied in a report.
• Choose a default filter to be applied in any report, based on the frequency of use in your organization.

What’s more, you can save the view of a report in which you have applied the filters and refer to the filtered information quickly.

TallyPrime now comes with the Payment Request feature that will help you generate and share payment links and QR codes (using Payment Gateway or UPI) in a jiffy. This will also empower your parties to settle the payments with you, instantly and conveniently.

Payment Request comes loaded with the following features, and more:

• Instant Payment Request: Once you have completed your setup, TallyPrime will help you instantly generate and send payment links and QR codes. All in the flow of your regular business!
  We understand that your business might have special requirements with respect to payment, and accordingly, TallyPrime provides you with numerous flexibilities to cater to your needs.

• Seamless reconciliation: TallyPrime provides the icing on the cake by facilitating a smooth reconciliation of all your Payment Requests. 
  The Payment Reconciliation report will provide you with a neat summary of the unreconciled as well as reconciled transactions.

• Data security: We understand that the safety of your financial data is paramount for your business, and we have taken the utmost measures to ensure that your data remains absolutely secure.
  We have partnered with prominent Payment Gateways to provide you with the best-in-class security policies, and we want you to rest assured that your payments are in safe hands.

The improved data management facilities not only ensure that the migration to the release is seamless but also delight you with enhanced simplicity in migration, repair, import, and synchronisation. You can also view the progress of the activity in detail and resolve the exceptions, if any.

Improved Migration and Repair experience

STATUS FOR MIGRATION AND REPAIR

The status against the Companies will promptly let you know if a Company needs to be migrated or repaired.

PROGRESS OF MIGRATION AND REPAIR

Right from the verification of masters and transactions to the successful migration or repair of your data, the enhanced process keeps you abreast of the progress.

VIEW MIGRATION AND REPAIR SUMMARY

At the end of data Migration or Repair, you can view a summary with the total vouchers and masters before and after the completion of the process.
This helps you know if there is a loss of data during the process.

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